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Struggling To Recover AUDUSD briefly...>

AUSSIE TECHS
AUSSIE TECHS: Struggling To Recover
AUDUSD briefly made a show above 0.71, before risk-averse AUDJPY led sales
weighed early Thursday. This keeps pressure on the downside with near-term focus
on a break of the Mar 27 & Mar 20 lows at 0.7069/57. Below here opens the 50%
retracement level at 0.7018, ahead of the key psychological 0.70 level. Bulls
need a close above 0.71 to shift the focus back to the 100-dma and March 21 high
at 0.7152/0.7168.  
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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